E DAILY RECORD
BOND TRANSACTIONS
I BIG CLASS GREETS
LOCAL OFFICIALS
ON OPENING NIGHT
| Approximately 175 Mem
bers Hear Walson in
A. I. B. Address.
OTHER LOCAL NOTES
| Mellon Calls for $9,000,000.
District Securities Dull.
Personal Items.
Approximately membera. ont
of the largest in Dlatrict annals,
greeted President Waller at the
opening aession of the elementary
American Institute of Bank
in*. last night.
The elementary course Includes a
?study of the fundamentals of bank
l*n*' Intended to supply the
ded training for those who lack
be necessary experience to puraue
Standard course. Students who
the final examinations are
awarded the elementary certificate
of the institute.
Qeorga o. Walson. president of
ahe Liberty National Bank, con
ducted the first lecture ef the cur
?*U season, on bank organisation
administration. Mr. Walson
Blacussed every detail carefully, be.
"Inning with the different kinds ot
inks; the relationship of each
kind of banking Institution to the
eneral community; how they are
OYerned; how directors and officers
chosen and th* duties and re
nslblllties of each.
President Waller preoluded Mr.
Valson's remarks with a brief ad
Bress. outlining the program for
ah* coming year, lauding the value
pf Institute training and calling at
tention to achievements of gradu
ates of the local chapter.
CsH fer Psada.
Secretary of the Treasury Mellon
yesterday called on all national
nka haying proceeds of the Oc
o^er 15 sale of certificates tq pay
IP to their regional members by
hursday 10 per cent of such pro
ceeds.
This call will approximate $St
100.000. leaving about $81,000,000 to
Jhe credit of the Treasury.
Leeal Sera rl tie*.
Public utility securities occupied
|he limelight on the Washington
stock Exchange yesterday, with
prices displaying a fair degree of
itrength. Capital Traction 5s sold
kt 89H. Washington Railway and
tlectri- 4s at 59%. and Potomac
pectric consol. 5s at 8?.
Railway common stock sold to
(he extent of 50 shares at 10
hares of preferred at 57, and 10
hares of Mergenthaler at 123.
Personal*.
Rolfe E. Boiling, president of the
S'ommerclal National Bank, has re
urned to Washington after a two
reeks* vacation spent with rela
(Ives at Abingdon. Va. He was ao
ompanied by Mrs. Boiling.
James Trimble, Jr.. acting cashier
the Standard Savlncs Bank,
rith Mrs. Trimble. Is enjoying a
?wo weeks* motor trip to New York
fnd through New England points.
Mexleaa Oil Prodeetloe.
The Investment Bulletin, issued
the bond department of Henry
Doherty and Company, has the
ollowing to say under the above
sption. In its current issue(
"Attention has again been called
declining Mexican production.
Ma time by Ralph Arnold, chalr
haii of the petroleum and gas com
mittee of the American Institute of
lining and Metallurgical Engi
neers. About eight months ago a
atement was made at the annual
fieeting of the above Institute call
ng attention to the demoralizing
[feet of the abnormal oil produc
Jon of Mexico on the oil situation
the t'nited States. It waa pre
|lcted at the time, however. tha??
his unstabilizing influence would
robably become Impotent in
}ghteen to twenty-four months
hcouch the exhaustion of the prin
ppal producine fields of Mexico,
nless new fields were found In
Iie meantime. When this state
ent was made, the dally prodoc
qn of Mexico was about 600.000
rrels of crude oil; now It is
out 350,000 barrels. No new
ols of consequence have been
ened up. although extensions
five been made to two old pooia.
ver 2O0.000 barrels, or more than
iilf of the present dally produc
ii. comes from T^os Naranjos,
patlan and North Zacamixtle.
?Ms in which practically every
ell is so affected by salt water
at the potential production of
tse wells dropped 50 per cent in
e month of September, clearly
dilating that these fields are
ovlng rapidly toward extinction.
United States and Mexico pro
^ce six-sevenths of the world sup.
The production of the I'nlted
ates l?. ss it ha* been for sev
al years. below consumption,
jclco Is now the only foreign
lucing source of oil.**
REAL ESTATE LOANS
vtlalH ?,MI; and ullafarlor.
i k,an. ;ipartMfit. and boa.
rnKrtri anula |1M to
?.COO ar aMrti llltrnt A aad 7
cat. fanaalt an.
WM. S. PHILLIPS
V. ^Tf. Main 9S
INVESTORS
11 PUB CK.XT
p.VI for the pa*t Br, jr?nra on
tarr** r?torw> poulbta: roapoa bond.
?*n-M?oMd national tuir, institution
r aap?rT?.loa af Scat, banking lawn; l?
In draoalaatloas of $100. (900 and
?wo b?nrln? ? p?r r,ni tatrmt and proflt
' ' of S par cent; aaoatnlj pa;aa?nta If
m tema, to aolt; fnll particular..
Claranoe Hodm * C,.,
>'rw York Cltr,
(i Eatabllalwd 1M.
?d loan I C'aaltal S--rarltlea Cm.
1?? X ??. M.W.
Phana Fraaklla Ml.
COMPLETE N. Y. STOCK TRANSACTIONS
irocka OfN. Hick.
WW Adraace Rumely 12% 13% 12% 12% + %
1100 Advaac* Romsly pf.... 17 37% t7 17% +1%
1?0 Air Keduction MH 86% 88% 38%
2400 AJax Robber 20% 21% 20% 21% .+ %
300 Alaska Gold Mine* % % % %
400 Alaska Junes a Gold.... % % % %
2800 Allied C hem Dye 44% 47% 48% 47 + %
?00 Allied Cbeai Dye pf... 88 88% 8* 88%
800 A Ilia Chalmers 88% 35% 88% 88% -f %
700 Aaier Agrlcnl Cbea... 81% 82% 81 81% * + %
100 Aawr Africul Cbem pf. 58 58 58 58 +2%
100 Aaer Bank Note pf... 47% 47% 47% 47%
800 Aaaricaa Beet Sugsr.. 28% 28% 28% 28%
400 Aaer Bosch M?gneto.. Si'. 86 85% 88 + %
200 Aaer Brake 8boe Fdry 48% 48% 48% 48% ?1
1900 American Can 20% 27% 28% 27 +1
1800 Aaer Car Foondry . . 121*% 181% 128% 180% + %
800 Amerlcaa Chicle 8% * 8% 8 8 ?2
800 AaMrtcaa Cottoa Oil... 18 18% 18 18%
200 Aaer Cottoa Oil pf.... 40 40 48 48
1200 Aaer Dn.| Syndicate.. 8% 8% 8% 8%
700 Aaer Bide Leather.... 10% 10% 10% 10%
1200 Aaer Hide Leather pf. 51 52% 51 52
800 Aaertcaa Ice 8f 84% 84 84%
200 Aaertcaa Ice pf 88 88 08 88
<000 Aaer later Corpa 83 84 82% 83%
1200 Aaer Linseed Oil 24% 24% 21% 24%
4900 American Locoao 92 92% 91% 92%
100 Aaer Radiator 70% 70% 70% 70%
200 Aaericaa Safety Rasor 4% 4% 4% 4%
900 Aaertcaa 8bip Com.... 5% 5% 5% 5%
11(10 Aaer Smelting 87% 88 87% 88 -
200 Aaer Smelting pf 75 75 75 75
1800 Aaer Steel Fouadry... 23% 24% 23% 24% -
7908 Aaertcaa Sugar .51% 54% 51% 52% -
1100 Aaertcaa Bar*? pf....*78% 78 78% 78
2900 Aaer Sumatra Tobacco 85% 88% 84% 88% ?
8100 Amerlcaa Tel Telef... 108 108% 108 108%
900 Amer Tobacco 124% 124% 124% 124%
.dfciO American Woolen 78 77 78 78% -
."200 Anaconda Copper 4C% 41 40% 40% ?
?M> Ana Arbor R R pf.... 123% 124 123% 123%
100 Associated Dry Goods. 33 33 33 33
200 Associated Oil 90 1)8 96 96
1400 Ateh. Topeka. 8 Fe?... 85% SO 85% 85% ?
400 Atch Topeka. 8 Fe pf. 80% 80% 80 80 ?
200 Atl. Binning. Atl 2 2 2 2
500 Atlantic Fruit 2% 2% 2% 2% ?
12N00 Atl. Gulf. Weet ladies. 29 31% 28% 30% -
4900 Atl. Galf. Weet lad pf. 23 25 22% 24% ?
4200 Atlantic Petroleum ... 21% 21% 21% 21% ?
loo Austin Nichols 10 10 13 10
31300 Baldwin Loct.mo 89% 90% 80 89 ?
500 Baltimore Ohio 88% 38% 38% 38% ~
100 Baltimore Ohio pf 50% 50% 50% 50%
100 Barnsdall Corpa B 24% 24% 24% 24%
8100 Beth Steel Clasa B 52% 54% 52% 53% -
100 Beth Steel 8% pf 9*% 98% 98% 98%
900 Booth Fisheries 3% 4% 3% 4% ?
200 Brooklya Rapid Transit 7% 7% 7 7%
100 Brooklyn I nion Gas... 78% 73% 73% 73%
8800 Burns Brother* 109 112% 109 111% ?
lOO Butte Copper Zinc 4% 1% 4% 4%
900 Caddo Oil 18 13% 12% 18% ?
500 Calif Lead Ziac 4 4 4 4
200 Calif Packlag 88 88% 88 88% -
4100 Calif Petroleua 42% 43 42% 42%
200 Calumet Arisona Cop.. 51 51 51 51
3200 Canadlaa Pacific 111% 112% 111% 112 4
200 Case Plow 3% 3% 3% 3%
9*00 Central Leather 28% 27^ 28% 27% -
1700 Central Leather pf 59% 82 59% 80'* ?
800 Cerro de Pasco Copper. 29% 29% 29% 28%
89)0 Chandler Motors 42% 44% 42 43% ?
100 Chesspeske Ohio 54 54 54 54
238 Chi Estn Illinois pf pd. 8 8 8 8
1000 Chicago Grest Western. 7 7 7 7
100 Chicago Grt Western pf 15% 15% 15% 15%
1*00 Chicago. Mil. St Paul.. 24 24 23 % 23% ?
2900 Chi. Mil. St Paul pf... 38% 37% 38% 38% ?
1400 Chi Northwestern 87%- 87% 68% 87% ?
100 Chi Northwestern pf... 100 100 100 100
3800 Chicago. R I.Parflr.. 32% 32% 32% 32% ?
400 Ckl. R I. Pec 8% pf... 88% 88% 88% 88%
300 Chi. R I. Psc 7% pf... 78% 79 78% 79 ?
2>00 Chlto Copper 11% 11% 11% 11%
1500 Chino Copper 25 25% 25 25% ?
100 C. C. C. St Louis 45 45 45 45
300 duett. Peabudy 40%. 41 40% 41
2100 Coca-Cola Co 87% 87% 38% 3*1% ?
3XHO Columbia Gaa Electric. 81% 82% 81% 82
3M0 Col Graphopboae 4% 4% 4 4%
400 Col Graphopboae pf.... 17% 17% 18 18%
50o Coasol Cigar pf 85 05 83% 88% ?
900 Coasol Gss 91 91 90% 80% ?
1800 Coasl.l Textile 18% 18% 18% 18%
200 Coat Can pf 95 95 95 95
82<4) Cora Products 79% 81% 79% 81%
8100 Cosden Co 33 33% 32% 82%
10300 Crucible Steel 81% 83 80% 82%
3100 Cuba Cane Sugar 7% 8 7% 7%
2000 Cuba Case Sugar pf 17 18% 18% 17
1*00 Cuban Amer Sugar 13% 18% 13% 18%
300 Dart sua Cbem 37 3* 37 38
200 Delaware Hudson 101 101 101 101
500 Dela. Lacka. Western.. 108% 107 lo8% 108%
100 Detroit Utd Railways.. 88 88 88 88
100 Dome Mines 18 18 18 18
200 Elk Horn Coal 17% 17% 17% 17%
300 Emtr>on Brant 4* 4 3 3
100 Emer?on Brant pf 24 24 22% 22%
12000 Endlcutt Johnson 6>% 89% 8S ?8%
480 Eadlcott Johnson pf.... 100 100 99% 100
14oO Erie R R.. 12 12% 11% 11%
3Ui Erie R R 1st pf 17% 17% 17% 17%
700 Erie R R 2d pf 12 12 11% 11%
3300 Famous Players 81% 83% 81% 83%
200 Famous Players pf..... 79 79 78 78%
14C0 Fisk Rubber 10% 10% 10% 10%
llOO Fret-port. Texas 14% 14% 14 14%
100 Gaston Williams % % % %
700 General Amer Tank.... 39', 42% 39% 42%
loo General Cigar 59 59 59 50
1200 General Asphalt pf.... 95 98 94 95%
29vOO General Asphalt 59 80 % 58% 59%
lOO General Cigar pf 85 85 85 <?5
3so? General Electric 131% 131% 13o% 130%
400 General Motors pf 85% 85% 85% 65%
8-0 General Motors 6% deb 83% 83% 82% 62%
200 General Motors 7% deb 71% 71% 71% 71%
3- Goodrich Rubber. ...;.. 31% 31% 30% 80%
6t?. Granby Mines 19 19 19 19
3WO Great Northern pf 70% 71 89% 70
800 Great Northern Ore sub 80% 30% 30 3o%
200 Gulf States Steel 37% 37% 37 x7%
4.-?mj Haskell Barker Car.... 69% 70% d?% 68%
7tii?0 Houston Oil 78% 78% 75% 70
m?? Hupp Motors 11% 11% 11% ~\1%
1-0 Indiahoma Kefg 3% 8% 3 3
1M: Indiana Iteilalng 10% 10% lOJj io%
3100 lifV.'jtion Copper .... 35% 38% V?% !*.?%
8Inter bum Cons Corpa... 1% 1% 1% 1%
100 Interboro Con Corpa pf. 6 6 6 6
100 Inter Agricultural pf... 37% 37% 37% 37%
3iK) Inter Harvester Co 78 78 78 7M
100 Inter Ha reenter Co pf.. 101 101 loi 101
200 Inter Merc Marine 9% 10 9% 10
100 later Merc Maria* pf.. 47- 48% 47 47%
200 later Motor Track..*... 28% 29% 2S% 29%
200 lat Motor Truth 2d pf. 57% 57% 57% 57%
500 Inter Nickel 13% 13% f3% 13%
13600 Inter Paper 52% 54% 51% 54
5100 Invisible Oil 10% 10% 10% 10%
2300 Island Oil 3% 8% 3 8%
n? Jewel Tea Co lo% 11% 1"% 11%
'106 Jones Tra 27% 2*% 27% 28
1500 Kansas City Southern.. 24 24% 28% 23%
KiOOO Kelly Spriugtield Tire.. 40 41% 40 41%
h.Y. CURB MARKET TRANSACTIONS I
< w. B. Hikk? * C?_ Hikk* BI4|.. Menken N. T. C*rk Market I t
INDUSTRIALS.
500 Acme P.rklnj ... #1 90 90
1U0 Br An Tob ref... 11% ..
I Sir) Buix* Brim B
j 200 Car Light 1
( 1300 Cal Crush Fruit... 8% 8% C%
JO ''Ireland Auto ... 24
13i 0 Columbia Emerald. 1% 1A lft
I 100 Coot Motor* oy?
801) D * K G pf ?6 73 85
t8 Gillette 8 E 174% 172% 174%
600 Glen A Idea Coal.. 42 41% 41%
100 Grant Motors .... 1%
100 Heydea them .... 1% ..
101) Hock.ng Val Prod 5 ?? ??
100 Lincoln Mot A.... 10 .. ??
ICO Locomobile 90 .. ??
100 National Leather.. 6% ?? ??
100 Packard Motor ... 5 ?? ??
100 Philip Morris 4% ..
WE BUT. SELL AND Q.IOTE
Listed and Unlisted ' Stock*. Bonds
Municipal and Industrial Securities. Bunk
Stock*. Foreign Bond*. Foreign Ex
change. and New York. Boaton and
Chicago Curb linn. . If yon ate in
the market to buy or sell.
Can. Write or Phone Mala 882.
RIEMER & CO. ?*LL?."? ?,
JACKSON BROS & CO
fif pc aiifcii ||BM mi
G R AIN - STOCKS - COTTO N
Pastel Tilrpirt Hg, Clk<(*.
Iwi ?* Trm4? ?? T?fk.
tf tnit. bw Ww"Hlli. Ote??a ?
?tt.
Mm* *?* OmtvtX ImH Tr*d* C^M
T?rl vismlaM TaM*
|?H if Trt4?. OaMIt . ? ^ , _ n?hil ? ? _#
hi*,m ?!?> ??? T?i??? 111 ??' " ****
Ok>-M *
? eksts ? ?? ..
??"8S2n?-'- ??* :: ::
sarA--:: ? ?. ?
S?.5S 15 % "i
?00 U 8 Lt 4 Heat " ij2 *** 6*4
,A"
SSffiST!.:}?% u u
'son *uei ... jo 49 ??
?25 issrs,*- - J* :: ::
"%rs!ri::; s ? ?
30 Ctttn SvtIc ou 3* 0*
SS*S? 9 " ??
1SS??jm*'S,J* '??
{X ::: ,?* K?* #%l
JWOIen Rock oil.... ?2 * S*
*? Crsuda Oil 12 1* 1%
?080 Hudaoa OU ,?* ?* 954
WOO lit Pitro .. J* ..
*3" 1b>mtU1 oil .""' 2* '?* U\i
22S." ftf". ? ^ ??
*??0 Keystone Ringrr ^
*.00 >H iA 1A
JOO Wm P?t? if 87 27
1000 Ktncalfeo oil *iar
<00 Karritt Oil "" ??5 24U
'"J0 "?*? Oil 'jS ? 11
gST-TA^: ?? ?
,2* ?*"r Oil * J* * ??
3* ? ?
J2E ?:'.?? ?? ?S t, ?*
nm E* r? ?% Zti **
J** Tn? ou uu... m J* ?%
irnn w?. "" ?S ?*
**? -r- on1.;;?*;;; ^ j*
"J# a? ..*
j? Si? oh:.v;.;? -?'
?SKSSS-^ *k
?. uimiffl * ?*
?*
> MM* a, o*i.... >?
?"?? K m ii
Mm. IlKki Of - I*w. _____
loo t<lHt Wheal ST* BTM ?H BT%
MS Keanecott topper 2i ?*% 21% 22 + u
1I0U Keystone Tin ........ 10* MM' MM 10* + 5
8J0 Im., ? ? i?2% i?2% Ml It", +1%
too Uiki.iu. steel M% 49 M 40 +1
am ucm< oas ?? 4* ? ??
790 La Rubber Jin...;.. ? U? ?? SS - u
l?t LehlgMVallay SB 5# MM KM + %
m Loew'e lac ...... MM MM MM MM + 2
100 Ml Caadjr 9% 9% ?M ?% ? M
'toe Lorlllanl, P 148% 14?M 1M% ?1%
100 Mm salt Sugar ? 25 ? 20
100 MuktlUl Elevated.... 42M 42% 42% ?2M
100 Msaltattaa Shirt MM MM **M 26%
100 Market Straw Railway. 1% iM ?M *M
100 Market It U*T prior pt ?l SUM *> *>% ? M
Too Marlaad Oil 21 2?M M MM + %
100 Martla Parry 14 14 14 14
HXI Max wall Motors ? MM UK MM UH +2%
100 Mat Motan M pf ctf.. 2M *M >M >M
100 Mar Department Stora. MM MM MM
41100 Max Patrolaaai 10?M ld?M 1M% 1MM +?%
1100 Miami Copper 22M 22', 22% MM + %
MO Middle Statae OU MM MM "M U* + M
DUO Mldvala Staal 23% 2>M MM MM
100 Mlna It Louli TM 'H 7% 7%
200 Mo. Kaaaae. Texas 1% 1M IM IM
100 Mlsaonrl rarlflc M 10 If 1*
1500 Missouri Pacini- pt 41'M 42M 42% 42%
100 Moataaa Power M 54 54 M
l?l Montana, Power pf M 93 IM < M
1100 Montgomery Ward 18% MM MM MM
100 MulMna Body 21 21 21 21
SOD Natl Cloak Salt 2C 23 24 24 + %
ISoo Natl Cloak Salt pf.... 58% *1 MM MM + M
100 Natl Conduit Cable.... M M M M
300 Natloaal Lead TQM 78% 78% T?M + M
S0J Ntvada Conaol Copper.. 12% 1*M 1>M MM + M
1TU0 N * Central TIM TIM TIM TIM ? M
100 N Y. Chi. St Louli..... ST. 58 55 85
100 N V. CM. St L lat pf. ?5 65 ?5 ?5
10U N r. Chi. St L 2d pf.. 87 5T 57 57
100 N * Dock 2P 29 29 29
N T. N if. Hartford... 14 14 ISM MM
1400 Norfolk Western 93M 05M 94 * 94M
iota* North American 41 41M 40%
1200 North American pf ... MM MM SO1*
?ooo Northern PaclBc TSM 78% 71M T2M
KHI Nora Scotia Steel 2SM 28% 28% 2SM
MM Okla Prod IteOnlng 2% 2% 2* 2M
2lai orphenm Circuit 18% MM I'M MM
200 Otia. Elevator 96 MM M MM
1S00 Owens Bottle Machine. 28% 211 2b 2*
500 PncISc Development 10 10M 10 10M
700 PntiCc Ca. Electric.... ?>% *>>M *>M 0<>M
20700 Paetgc Oil 4M? 44M 4S% 44%
12300 Pnn Amer Petroleum... 4? 4SM 45M 45%
2400 l'an Am Petrol Clnaa B 4S 44 41 48%
2oo Panhandle 11 11M 1oM 10M
300 Pariah Bingham ...... IS ISM IS ISM
2*00 Pennsylvania B B SIS 85% KM S5M
1*00 Peana Seaboard Steel.. BK 10% 9% 10
200 Penny. J. Corpn 91 91 91 91
1100 People's Gas 54 54 51% 51%
700 Pcre Marquette 18% ISM MM MM
1200 Phlu Company 29% 30% 29M 80M
2900 Phllllpa Petroleum 10 10 29 29M
100 Phllllpa Jones 72M 72% 72M 72%
1.1200 Pierce Arrow ........ 14M IBM 14M I'M
91W1 Plcrca Arrow pf. T. 84 M M% S4 STI.
79.1 Pierce Oil 7 7 ?M 6%
200 Pierre Oil pf 4? 411 44 48
2100 Pittsburgh Coal ?0M S'M BAM 6oM
200 Ptttsburth Coal pf H7 Kg 87 A*
400 PlttsLurgl) West Va... 2t% 23% 21% 21M
2400 Pressed Steel Car 57 60M 57 60%
100 Pressed Steel Car pf... SIM MM 81% 81%
200 Public Btrv New Jersey Co 80 59% 50M
4400 Pullman Co 98% Joo% 98% 100
1200 Puata Alegre Sugar.... 77 27% 2t% 2?%
5900 Pure Oil Co ?'% 33 90% 12%
900 Rwy Steel Sprlnaa.... 81% M% Hl% 84%
? 300 Band Minea 21 21% 21 21%
800 Ray Conaol Coppar 11% 11% 11% 11%
34011 Reading R R 89% 60% 69% 99%
100 Readlag R B 1st pf ... 41% 41% 4IM 41%
SOO Hem Typewriter 2tl 21% 20 21 Vj
1500 Republic Iron Stael.... 47% 48% 17% 48%
200 Republic Iron Steel pf. T8 78% 78 71
SHOO Republic Track 10M 10M *M 9
21100 Royal Dutch 41% 44% 41% 44
400 St Joe Lead 12% 12% 12% 12%
200 St Loals San Francisco. 21% 22 21% 21%
400 ttt I>ouls San Fran pf.. SI 14 14 34
200 St Loals Southwestern 21% 22 21M 21M
300 Saata Cecilia Sugar.... IM IM IM IM
100 Saioa Motors 2% 2% 2% 2%
900 Seaboard Air Line 3% 3% 1% 1%
5400 Sears Roebuck 6->% 60% 6S% 6V,
3600 Seneca Copper 19 20% 19 19%
200 Shattuck Arizona Cop.. 6% 6% 6% 6%
900 Shell Trade Trans 32% 33% 32% 33%
17800 Sinclair Conaol Oil.... 21% 21% 21% 21%
2100 Southern PaciBc 78 78 % 77% 77%
1400 Southern Railway 19 19% 1*% MM
200 Southern Railway pf... 42% 42% 42% 42%
300 Standard Oil of Calif.. 80 so 80 80
1900 standard Oil N Jer pf. 109M 109% 106% 109%
119 Stern Brother, pf 85 85 85 85
200 Stewart Warner 24M 24% 24% 24%
800 stromberg Carbureter.. 32 32% SIM 82%
27600 studebaker Corpn 73% 75% 78% 74%
700 Submarine R"at SH 3% S% 1%
1400 Superior Oil 7% 7M 7% 7%
24100 Texas Company 40% 41% 40% 41%
000 Texaa Pn.-lllc 21% 21% 21% 21%
1700 Texas Paclflc Coal Oil.. 25% 25% 25% 2S%
380? Tobacco Products ..... 65 66 65 65%
5300 Transcontl Oil 8% 8% 8% 8%
200 Union Bag Paper 66% 67% 66% 67%
Sxoi. Union Oil 21 21% 20% .20%
16ls> Lnion Pcclflc 119% 119% 119% 119%
5900 United Drug 58% 65 58% 63% +5*
100 United Drug 1st pf 39% 39% 39% 39%
2300 United Fruit Ill 114 111 114 +4
21700 United Retail gtorea... 53% 54% 52% 51%
6890 U 8 Food Products.... IS 11% 12% 11% + *
3700 U K Indus Alcohol.... 44% 4?% 44M 46 +1*
1300 V S Realty Itsprive... 53% 53% 53 53 ? ^
9900 U S Rubber 4?% 49% 48% 49 + %
200 V 8 Smelt Rehnlng ... 32% 32% 32% 32% +1?
16800 L" S Steel 7l-% 79% 78% 78%
300 U 8 Steel pf 110% 119% 110 110 ? M
8SKI0 Utah Copper 55 55 54 54 ?1
1900 Vanadium Steel Corpn. 3*1% 31% 30 81 + ^
800 Va Carolina Ctiem .... 28% 28% 28 28 + *
300 Vivaudou 8 8M TM 8M + ^
lsoo Wabash R R pf A 20 20 % 20 90%
1906 Weber Heilbr 12% 12% 12% 13% + *
-00 Western Maryland .... 9% 9% 9% n% + M
2110 West Maryland 2d pf.. 16% 16% 16% 16%
400 Western Paclflc 20% 20% 20% 20%
200 Westlnghoase A Brake. 80% S6% M% 86%
000 West! tig house Mfg .... 43% 40 45 % 45% ? S
306 Wheeling Lake Erie... 8 8 7% 7% ? VI
200 Wheeling Lake Erie pf 15% 15% 15% 15%
3800 White Oil 12% 12% 12% 12% ? V
;?to Wickwlre Spring Steel. 9% 10 9% 10
3T.00 Willys Overland 6 6 5% 5M
2900 Willys Overland pf.... 28 30 27 27 +1*
1300 Wilson Ca 35 37 85 M +1
900 Woolworth. F W 1I7M 118M 117% 117% + V
900 Worthlngton Pump VI . 40 41 40 41 4-lT<l
100 Worth Pump M pf A.. 59% 59% 59% 50%
Totnl sales. 767,700 aliarea. against 540.300 yesterday. 414.051
a week ago. 410.520 a year ago. and 1.561.100 two yenra ago
From January 1 to date, 118.159.300, agalaat 176,152,775 a yea
ago. and 239.154.316 two years ago.
14300 Boat ft Mont OS OS 07
1000 Canada Cop 30
EMU Candelarla Mining 24
2100 Cortes Hirer .... 83 8l 31
100 Cr?MD Gold It*
?000 El Salvador 13
1300 Divide Extension.. 26 25 25
5100 Eureka Cronoa ... 48 45 43
1300 Hold field Florence. 42
7000 Hold Zone 12
2000 Gold State 50
200 Hecla Mine 4A ??
700 Howe Sound 2%
300 Maaon Valley .... 1% ..
200 Magma Cop 21 ??
500 McXaapra 14
200 Mother Lode. aew. 5% 5%
4300 National Tin 31 50
100 Xlptastag 5% ..
1100 Ohio Copper 8 5 S
1300 Bay Hercules 23 35 23
10QD Rex Com 8
300 8 Sllrer Lead 30
1100 So An P A 0 5% 5 5
1500 St Anthony Gold.. 24 23 24
1000 Stewart Mines ... 4 . ..
500 Tonopah Divide ..70 ?
500 Tonopah Extension. 1A
400 Un Eastern 2A ?? ??
1000 U 8 Contl 43
2000 Ynkon Gold 1% 1% 1%
11 Allied Packers ... 40 47 47%
4 Anaconda 3a 32% 02%
12 Anaconda 7s. '20.. 03% 03% 03%
Like a Thief In
The Night ? Old
Age Creeps On
Are you iwpwi far the rem
that are am* to cone? Are yeu
providing now lor thoee year*, or
are you just drifting? Poverty
in oh! age make* life hardly
-? i;?;
wortn unng.
Ourbook entitled tjetting Abend"
tell* how yon can eaefiy atoid
each a rituation?and without
sacrifice now. Upon request we
will send it free of chine.
KRIEBEL 9l CO.
COMPLETE N. Y. BOND SALES
Oct. ToUl aal*
tl.OW acainat 11.77:
~~ U?Ul Il4.ll
Htlnit 11,080,
'oar
row to;
no, $i:
i to 111
wo ywf? SCO.
?OBO ? Liberty 8*s.. "IS* ?S?u 'ttli
A V M Liberty l>t K n.H '
fe D ? Liberty 2<1 4?.
81 U H Lib lit 4*8..
I D I L lit 4"?e nt
lit D I Uk II ?*>...
1801 V I Lib M 4*a..
0C?LM4*eref.
1823 O I Ub 4th 4*...
1 O I L 4th 414* rtf
2048 U B Victory 4*e.
80 V I Vie 4%e ret..
MDI Victory 8%a..
rOBElu.N BONDS.
2 Argentine Gort fa TS
... Ml
. 100%
?>. 1823..
92 90 Ml*
M.U n-w
tm 77...
?2.40 nao tx:
?4.74 N.O ?*.<
?4.50
98.42
99.80
?4.42
?4.43
92.72
19% Belgium 7%s
8? Belg 1mm '
8% Chinese Oort B fa
4 City of ~
1 Cff j of
11 C of Bordeaux fa..
? City of Copra 5%?
20 City of reruns 8*..
21 C of Maraelllea 6a.
29 C of Bio do J 8a..
2 City of Tokyo 5a..
Sit
101*
104*
HH
*1*
?7*
07%
100%
ob*
101*
1
90* 90
11 City <f lerlch ?... 103* 104*
II Dulib Mum. 8e A. 1M*
1 Da.l.b Man. It B. 1U
> Dob Republic 5e.. no>4
M DC Hi ntM, '28. 83
1 Do of Cu Be, 'SB.. M
10 D. .( Cu Be, '81.. 92% 81%
17 rracck Gort Be.... MO BO*
1U7 rmct Oort 7*e.. 84* 80*
11 1" Jap.. let 4*e. 84* 84*
IB IB Jepu 2d 4%e. 84* 84*
10 1 Japan atrl la 4e. 08% 08*
18 K of D.a.ark 6a.. 104 108*
18* K of Norway 8e... 10.1* 1*4%
18 K of awede. 8e... (I* 81*
S3 Hep of Chile 8e... IS* 80
2 da of Chile 8e. '2? 8?*
3 Be of Cub. 3e. '04 <8*
30 Bep of Cube 4*e.. 78
7 Bep of Vrasaey 8e 80% 8S
88 B of Qnee.al.ad 7a 100%
as
w>%
l/j*
80*
101*
104*
?7*
St
?7*
87*
55
04* *4*
St
?4
I
KB
*1*
?0*
100
87*
88%
K*
80
88%
SO*
?7%
88
100
107*
07
?
08*
00*
100*
107*
87*
00*
ss
80%
101%
M
*2%
78%
101%
?%
M
*2%
78%
72% 78%
iocs
M
78%
70%
7?%
87%
83%
108%
15% 8wl?i Got t
10 8 of 8ao Paulo 8s.
?11 I'K Otitic I 5%s. '22
2*8 I'ECtMI 5%a, *28
124 CKGtBAI 5%a, '87
87 1*8 of Brasll 8a..
257 U 8 of Mexico 5a. 50% 48%
?0 U 8 of M fa. larfo 47% 48%
83 U 8 of Mexico 4a.. 38 37%
MW YOIIK BONDS.
2 N Y C 4%a. '87. M 93% 98 88%
2 N T C 4%a. *37. * 93 82% 92%
1 N T Cttjr 4%a. ?3 82% ..
6 N-T City 4%a, *87 93%
1" N Y City 4%a, 'OP 88%
2 N Y City 4%a, '84 88%
RAILWAY AND MMICELLANEO18 BONDS.
5 Ad Exp col tr 4s.. 00%
11 Am Ag Cheiu 7%a. 83% 94% 83%
1 Am A C 1st crt fa 92%
8 Am Cotton Oil fa..
13 Amer Smelting fa.
29 Am TAT crt 8".
2.1 A T A T col tr fa
1 A T A T CTt 4%a.
1 Am TAT crt 4a..
17 Am T A T col 4a..
9 A A Co rl cat 4%a
52 At T A 8 P gen 4a
1 ATASr CTt 4a. '53
8 At T A 8 P adj 4a
1 A AC A L 5a, aer B
2 ACL LAN ?ol tr 4a
1 Atl Prult crt 7s...
2 Atlaa Powder 7%a
4 Atl Befinery 8%a. 102%
18 Bait A Ohio fa VS
12 Bait A Ohio ref 5a
33 B A Ohio cvt 4%s.
6 B A Ohio fold 4a..
13 B A O pr lieu 8%a
1 BAO 4a. PLKAWV
8 BAO 4a. TAC dlT.
3 B A O 8%*. 8 dW.
49 Bell Tel of Pa 7a
1 B Kteel lat est 5a.
1 Beth 8 tee I ref fa..
1 Beth Steel fa. *38.
2 B EdlM>n ge.i 7a. C 101%
8 B Edison fen 7a. D 102% 102% 102%
1 B Edfeon fen 8?, B 94%
3 Brk Ediaou fa, '40 85
2 Brk Union Oaa 3s. 84%
8 Bosh Term Bid 5a 79
1 Cal Gaa A Elec fa 90
13 Canada Sou fa.... 89
9 Can Northern 7a... 104%
58 Can Nor deb 8%s. 101%
1 Car Clinch AO fa.. 78
1 Cen Oa By 6a 94%
29 Cen Leath fen fa. 91%
82 Cen Pac gtd 4a... 78%
1 Cen Pac ftd 8%e. 81%
23 Cerro de Pa a ctt 8a 110
4?s C A Ohio cvt .%*... *3%
17 C A Ohio fen 4%a 77%
18 C A Ohio CTt 4%a. 78%
4 Chi A Alton rff fa 48%
18 Chi A Alton 8%a.. 88%
1 C B A Q gen 4*... 19% .. .. .
2 CBAQ 4". HI dlT.. 81 .. .. '
1 CBAQ B%?. III dlT 74
2 C B A Q Joint 4a.. 79%
31 CBAQ joint 8%a.. 103% 108% 103%
5 Chi Great Weat 4a 97%
2 C 1 A L lat ref fa. 98
12 CMA8CP cTt fa. B 82% 81% ?2%
3 C M A Kt P fen 4s 70%
81 T
78
?%
102%
"8%
89%
78%
84%
83
7?%
72%
78%
89
5R
9?\
73%
70%
71
88
88%
58
?B%
107
or
u%
80%
84
88%
104%
101%
90%
78%
188%
88
78%
78%
38
|?2%
93
71%
$
87%
107
84
89
lu4%
101%
91%
78%
110
88%
77
78%
19 CMAHtP CTt 4%s..
22 CMAHtP rff 4%a..
57 C\JA8tP 4?. '25 . ..
1 Chi A 'NW 8%a. ..
3 C A NW f*n 8%a.
1 Chlcafo A NW 7a.
2 Clili-afo Bya Co fa.
la CRIAP By rff 4a.
1 V 8t M A O deb fa 101 %
2 1' I n Sta 4%a. A.. 88
8 Chi A Weat Ind 4a
87 Chile Cop CTt 7a..
10 Chile Cop col tr 8s
54%
74%
10:*%
87%
104
08
72
1 CfCAStL fen 4a.. 70
8 (9C C A Ht L ++ 94
88%
98%
78%
70
Col A 8.?u rff 4%a
2 Col Gaa A Elec fa.
8 Cona Gaa cTt 7a...
r.9 Cubs Cane Hug 7a.
it Cuban Am Suf 8a.
8 Cuban Bpilroad fa
1 Del A Hnd cvt fa.
12.Del A Hud ref 4s.
3 Del A Hudson 7a..
12 D A Rio Gr imp fa
1 D A Bio Or rff 5a
1 I> A B G ref fa ctf
25 D A Rio (ir con 4a.
1? Det Edt rff fa. B.
2 D Match deb ?%*. 103%
43 Dup dt-N P 7%s.
0 Duq M*ht A P fa. 93%
20 Eric fen Ken 4s... 42%
0 Erie prior lien 4a.. 54%
17 Flak Rubber 8s... 99
5 Gen Elec deb fa... 104%
13 Goodyear T Co 8s. 108%
5 G Trunk of Csn 7s 108
12<> G Trunk of Cnn fa 9A%
37 Grest Northern 7s. 103%
5 H A M ref 5a. A.. 71%
00'
58%
88%
71%
78%
77%
108% 102%
37%
?7%
81
103%
71
t?t%
34%
80
71%
98
T8%
103
5T%
?T%
81%
108%
72
?7%
84
88%
82
103%
72
a*
?0*
08*
08% 80% 80*
1M* 1<M*
100* 108*
102* 108
#v* 85*
108* 100%
71 71%
liu Caanlrfi 4a.. .?* ??
t 111 Odalnl 4a. ??. 7? " "
? tu mmi m 4M> . f% m m
IMoilMh... M
t Iatar^Matra <%?.. i? ?? ??
11 WKthiocm i? ?* ?S
11 Iaterb B T raf k. 14% M* ??
? taut Acrteal 4... ?H - ;?
M Uttr M M af ?? MH ?*
1 Uwa Oaat rff 4?.. U ?? ??
I I crt I AM 4s. ?K ??% ?%
$ gam Cftr loa la. t?H T? ?
n Zciur taiMh. m M* mh
a ( CHi Tw 1M ??. 74
? K SprlarteM T *? MH H? M
I Kaok. A Daa M M. M
1 Wt Ileal la. ?*. WH
I LUIII IA 4*. 'M I7H
*1 (Mm (tab 4a. 1l MM MH ?*
u uun v cmi ??. n% ..
t Uklfk Villi; M.. 100
t Un*u a m ?... msh
11 Unrtt * M la... NH ?%
1 L * X UIM 4a.. ?% -
? U.1 la, at L dl?. M
1 L A X col tr la... MH ..
llbiliM4a.... 04%
1 Maa By e 4a, t ax. M
S KitM BV(k II
I Maria* Ml (a. *. MH M MH
a Maricma M la... MH ?* *H
1 Midi Oatral IH> Tl% .,
? Mldrala S crt la.. T7H TO* 77%
1 MAStL ref ait la. MH MH MH
M MatPABBM ?%? .. MH -MH MH
SI Ho K * T lat 4a.. MH MH ?H
1 Ik I I II I 4a.. a
11 Me K A T rff 4a.. M
? MEAT ref 4a. etfa MH ??
2 MOAT 4%a. etfa.. 41
1 Mo Paellc e?a la.. M% ..
1 lb ht m la, a MH ..
47 Mo Parlfe in 4a.. MH MH *
IH MAO atLAC 4a.... 71
. 1 Mea Paw Co la, A M
2 N 0 T A M lac 6a. II
KICABI SHa MH
41 KTCAHB deb la.. HH M M
? KTCAHB col 7a... MH ..
1 XYCA11B deb 4a.. HH
IKTCtHlla.. NH
1 SYC-UB 0 tr IHa. MH
II XTCA8IL deb 4a . 78% 7* 71H
2 NVi;eLHAPC p 4a 7*H
7 NTtlELHAP Co Ba MH M% MH
I NVNHAH c ?a. '47 41 40 41
1 NYNHAll d 4a, *17 MH
IXTOAW(ea4e *2% C% CH
11 N T I B caa 4 Ha MUM
M N T Tel deb la ... MH M M
4 * T Tal tea 4%a. ?H MH ?H
??T*?I 4 Ha. MH M M
I Niagara Palla P la M
7 X A Sou la, aer A ?% 41H 41H
14 X A Waal caa 4a.. ? 71H 7*
1 X A Weat rrt la.. 101%
I Kor Parts? la. B id
1 Sar Pac pr Ilea 4a 77H 77 77H
2 Northern Pac la.. I0S%
1? Xar ParUVr tea la. 17H 17H 17H
17 X State* P lat la. 81%^ MH MH
14 Xartk Be l Tel 7a. 104% W4H 104%
1 Oretoa-A C lat la. M% .. ..
7 Ores B A X coo 4a s.1 MH M
1 Ore* W B A X 4a. 7?%
1 Par (laa A Bloc la 12% CH 82*.
1 Pac P A Lt la. .. 7?% .. ..
1 Packard Motor la. 17H
4 ran in, P A T 7a. ?1 M% M%
2?:?L\~ :::'S%
!i SS 'i:* ^5,n,;*
I P Oaa A C oT C 7? 71
40 Pere Mar rff 5a... 83% M gju
12 Pllll Co rrt deb la *
1 Public S of X J la 70% 70 TO
3 Beading tea 4a... 70% 71% 79%
1 Rio O A W lat 4a. M% .
M Berk I A A L 4*a 72% 72% 72%
1 Bt L IMA 1 i la ?o
42 KtLIMAH ref 4a. . 71% 75U j;,l
0 BtLIMlSHlii d 4< 71 \ 7] i 71U
' KLA1P pr Ilea 4a A ?!>? U
7 SLA8F la. aer B.. 71% 7a
M SLAIf ad] da S5 G4% aiv
47 SLAKF lac da..... 40 46V4 jcu
14 St b aw IK 4a... 70% .. *;*
10 Ht I. HW c^n 4a... Uu mu IKtU
11 at l, SW Tern la M% M% M%
1 StPAKCSLiae 4%a M% .. ~
1 ItPMAMMl 4%a. *0% .. ..
1 Saa AatAAP lat 4a ?1
1 Sea A L rfs 4a... ..
*> * Air I-la,. sit . in-, ]7\ us
24 Raa A L roc 8a.... 42H 42 4814
2? *ln Oil crt 7%... 93>, M% 88%
11 Sharaa 8a ?<.\4
1 *o? Pac crt 4a .. 84 81% 84
23 fat rff 4a...
* *?? 1 <?n M
11 Koa Jly ren 4a.... 18% IS 58%
II Mlati oil ( n 1 dh 7a 101
2 StaelA I'.. Am 7a.. 12%
1 Tea 1'IA.BK tea 5a 81% K9% !?%
7 Tn t I'ac l.t la. ?2%
1 Tlilnl Are rft oa. 15 54H 55
2 TMrd Are adj la. 17 ML sou
8 TWIe oa Co dHa.. S7% " .
1 Trl l ltr BjAU 5a MH
1 Tbl.stLAW l%a... 71 >o
d T^siLAW 4, 41% 47% 47H
4 I nloa Pac la 100%
M taloa P.C lat 4a . 82% IC% *_>H
" ?? P?c lat la ret *8 8?% 81
2 Clloo Pac ref 4a. 7S
14 Ciloa Tank Car 7a 102",
40 ratted Drue a*.... ms ... 08?4
1 C S Bub 7%a. -30 101 s' 101 101H
2 C 8 Rob 1% 99N.
1 0 ? Bob 5a 7?\ 71H 71%
?? ? I Steel a.f. 5a.. 03'. 15 Ku
1 ?t-Cpr Cb^tn 5* . . 94*4
? T#-C?r Chen <1 6a *9 S*% K9
1*"?^ Che* 7H?. MS MV? U%
11 VlrflaU Rj 5? S.V, 85 83U
. 8 Wab??h 1st 5? ss\
? WW Electric 5s.. 9"?*i .. ..
? W^t Md 4s ..
1 WJfTAP. 1st 5s.. K**'* a ? ??
1 Waal Padlc 5a... mi
10 We-t Vainn 8U? . nr.'', 102 lOIH
? J 0 Real la 4%a 'J'. 81 MH
2 Waot faloo 4... -:?%
? Wdat Shore 4a 74
I Keafkoaae Blrc 7a Ml
1J WllaoaACo lat d. 11% 12H
? WllaoaACo nt la. ?
I W% Caa (ea 4a... 71%
ME1AL MARKET.
NEW YORK Oct. 25 A sharp
drop is reported in London tin
prices, spot beiru? ?1 10s lower, at
?156 14s. and futures ?! lis lower,
at llSt ISs; sales, 100 tons and Z69
tons. Standard copper is 2s fid
lower, at ?66 for spot and ??7 for
futures. Electrolytic is unchanged
at ?72 10s. Spot lead is unchanged
at ?24 2s 6d. and spelter 7s Cd
lower, at ?25 17s 6d? Copper sales
150 tons spot. 300 tons futures.
BANKING COOPERATION
T CO-OPERATE with our clients to the
fullest extent pt all - times has been our
aim since our very foundation?more than
one hundred years i|?
The individual business man?the business
firm?the corporation?or the out-of-town Bank,
requiring banking connection in New York City,
will find our service one of prompt attention and
painstaking endeavor.
We cordially invite correspondence or a call.
LOCAL
^ * ~r . ' $la?9? It I
^WaMnta Bp ?? Etee ?.. u.aaa H
*W<- f ?*?-?.?? ?.
? - *T u< Mr |N, MttlT.
Uaatrpa. M at m.
UTII CALL?
la? ?a?a la, 11.001
-m?r. call laaaa. lui)
A?ar Tal aa? N 4a ?? ?}
Aw Tel aad Tel 4*4 ....... ? 2*
iM Tat a?d Tel ctl tt ? ?* ?
Amur Tel aad Tel aaael ?.... * * I
Ill u4 Pato?ae la.... ?
lumtli aad rm !?' ?? "
C aad P Te'.apk-aa b ?
Col Qm and IIn
Cat Gat i*4 Elee da* ?? -...
Capital Traction ? B 10...;.. ?%
City and labartaa fts...- ?
Gaorgatowa Ou 1st is
MatropcHtaa B B 5a *2% -w
Potaasr Ikf IA Sa ? ^
Jata^at the Pot, o n Si.... 9T
Wart. A l*i ul K< T k n
aad Aa. la
Wacbloftoa Oaa la gj
**? ***
*"? >7 a ad siat da i#u
Waak Rj aad Slat OM ?a.... M
KSaaa
I ? C Paper ur, U
!!??? ?? <????> ?
Blt?? Realtr Si (ebnet) M
8t?e md Rate Dm g.
Weak Market Sa. Ittt 7?
Waal Market la. 1MT T7
W M Col< gtoraie la 71
Amn Tel aal TM 10* *
Capital Traetiea ?T%
CeloaMa Oaa aa4 cue *
Ka"'era U aad Paal
Waaklartaa a4TH
N ?a* W Bteaaiboat l?i
Weak Rr aid EM* raaa SH
Waak Rf a ad Bet pfd ST
w"*- *alro a ad Am ram
"?l>. BaJta a ad Aa pfd
"**' *? *X ?a?
i ?* Pf?
| Amerlraa it MB in
I Capital 1(3
' Columbia 17j
< mmerclal 1?7
Dtatrlct in
Farm aad Mack 210
FVSral 170 190
Liberty 120
I.im-ola *165
Nat Metropolltnn 210
Bfn 430
S<v-oud 142 16i
Washington 100
Treat Cls?pssls?,
Amer Sac and Trust 21*
C .attneMa: Trait 100 104
National far i>4 Trust *274
Colon Treat IM
Waali Loao and Treat ?SfU 275
Barters Bub.
Commerce sod Savings 15."
i'.ast Wash Saving Hank 12% ..
Merchant. Bank 147
Mr Sa* and Com Bank. 2??7 290
Seventh Street ttsv Bank ISO
t'aion Sartng? 112
| V 8 Savings Bank B9U
Waak lag too Mackanlca 23
Fira Inaamnoa.
A Bier Fire Ins 225 ??
Arlington Fire Ins 9 ??
' Corcoran Ftra Ins 115 M
Firemen a Fire Ina
Nat Union Flra las 7% ..
TlUa
ColaaiMa Title laa <u
Beal Estate Title laa Its
Col Grapbopbone com 4 5
Col Grapbopbone pfd 17
D C Paper Mfg Co 75
Merck Trana and Storage 115
Mergenthsler lanotvpe 13 125**
Old Dutch Market com n s.
Old Dutcb Market pfd 7 ?
Ijimton Monotype 71 73
Security Storage 2lu
Washington Market 24
?Bi-dle.
FOREIGN BONDS
(Partake* WW. I. UUa * Oa.)
Bartla da Ill
Greater Berlla 4a ' ' '
Breaaea ?*? !*
Cotoleas ?a *% ** ??
Calofae 4a J J ?
Dresden W ?* ??
Dreaiea 4Jka ^
toot?*** 4a J* TV 7*
Prankfart 4s ** *J
Praokfurt 5a 10% *?%
Hamburi 8a !Sf 2f 5S
Uatakur* ?ja ?J ?*
iU?nber| 4s T% T\ T*
Haaban
LelnsU
iSSSi. ;??
Munich 4s ? 8
Genua Can *a TJ* '* J J*
Oaeaiaa Uort >*e jv, JS ?S
Gerataa C.o*t 4a 1% ?V ?\
Oa??a O^t Sa T* TJ4 ?
Krupp 4s . . . a. . a ? a aa aa IU *
Radix-be Aalltae 4%a.. 10% U* l"\
Allegm Elark Oaa 4%a. 1*% 10* 10*
French 4a 40 40 4!?
rreaU r. ?\k a?V4 n?H
rreark Premium Sa
Britiah VlctorT 4a ?U 111 *{?
National War loaa la.. 411 411 4U
War Loan 5a. 505 5*15 80S
Italian 5a 40% 40% 49%
Italian Nota^lM5.... WJ% JjJs Jj-Jj
Belgian Bes 5a JJH
Belflaa Prcnaluna 5n.... 72 75 72
PRICES PARALLEL l j
SHORT COVERINGS-'
ON STOCK'CHANCE
Sewioa Open* Vigoron*::
ly With Hmt7 Bvyinr '
Of Mex. Pete. -
CALL MONEY AT
Trading Is Active, and lm4m-"
,triala Show 8u0 ^
Close?Rails Unehufed.
KBW TOR*. Oct. >{.?A dl.por
tion to cover short contract* m
apparent In moat or the nuAets
*??a y .ad price, .bowed COrre
?ponding strength j0 the stock
market tkla movement. which wma
??raaidy apparent on yeeterday,
'?* Marioan Petroleum. A favor
er 'or tke
Bret el* month* >u tke Immediate
Precipitating cause. Tke tendency
to cover spread, however, to tke
t^t'i/.V ":?? "d " ?
de^c. J?' *,horU wae aooa la evj
aence. Trading wu active and
industrials showed a number of lx
and! point rains toward tke clooe.
' were little changed Call
-oner opened at lH per??t ?d
?k" "Ur1fc?
?rakes r?lia?<?m ikon.
Tke kind of punishment tkat was
meted out to skorts la Mexican Pe
^o??um yesterday and today I.
measured not only by the number
of points that the stock advancoA.
dem aL2?*. raUJBl ?f ">* P rem mil
demanded In the lorn* crowd from
?"?* f clooe yesterday to
ehortly after the opening this
?nomine The shorts knew wk.n
they read th# earnlnrs statement m
n#w,p?p*r? that they
" an uncomfortable
^ aBd" W" *?< to the
effort, of some of them to retire and
take their Iosms ,ha, the
12. '? the early
trading- The opening price of 106U
represented an overnight ?ln of
t% points. S.OM shares changing
i pric* Thereafter
the *?ck moved up with only slight
opposition until letl* waa reached
before the end of the first half hour ?
??rer?rt . th* flr,t "?lf ?f this -
J?*r- akowlng earnings equivalent
to about S1?.f0aahare on the rom
men. was the best kind of an excuse
for driving the ahorta Into a dan
gerous corner. But there wore
many observer, who held that the
earning, of that period, which: by
the way. marked the peak of pre
ductlon In the Mexican Aelda do
not eliminate the chler cauee of the
long decline In Mexican Petroleum
atock. There Is still an open quae
#??v *^?ut fu,nr* productivity
of the Mexican oil fields
?ay Lower Kate*.
The financial community Is l?d
ing public eentlment to the point
where another lowering of Federal
Reserve rediscount rates will meet
With general expectations No
downward revision of rates tlius far
made hae taken the street or the
hanking fraternity ae a whole by
surprise. Each of them has boen
predicted far In advance, and the
actual development, therefore, has
1 appeared like an act In response to
public sentiment. For several days
Va*t or. to be more deflnlte. since
publication of the Reserve Bank
i-tatement last Friday, showing re.
msrkable Improvement in reserve
ratios, the Street has been talking
about tke likelihood of the preterit *
S per cent rediscount rate belnir
lower In the near future The
directors will meet tomorrow after
noon and If they do not take def
inite action then the financial com
munity will talk more positive
terms of favorable action on Wed
nesday of nett week?and so on.
until a lower rate becomes a faot
Dree Meek a.
Nothing that developed lu the
stock market today added more to
the feeling of renewed cofldence e
than the rise In the drug stocks,
especially nUlted Drug. Tkls stock
closed at 57% yesterday and at
tracted little attention until the
furore created by the rlae In Mex
ican Petroleum had subsided Then
drug started upward, advancing at
times a half point between sale*
and continuing until (I war reached
around noon. In the same period
American Druggists Syndicate went
from S to CV Commission houses
who were not surprised by the rise
In United Drug stated that the
movement was baaed on a report
that the company had succeeded In
greatly reducing Its Inventories
and Is doing hotter business. Once
the movement started It Is said
that the driving In of a stale short
account gave the stock the necee
aary push.
Unusual Investment Opportunity
8%
'0
SAFEGUARDED
FIRST MORTGAGES
AvubMe m Dtnomatiom* of
$100 $500 ? $1,000
Tw? to Tm Tim
May be purchased either outright
or under our ten payment plan.
In spite of the darrrssinf rate of interest on other form* of
security, the rate of interest on real estate loans is re
maining firm, due to the increased demand for funds
to finance necessary building construction.
RESERVATIONS ACCEPTED NOV FOR FUTURE
DELIVERIES. PUT TOUR UNDS TO WORK
AT THEIR FULL EARNING POWER.
Call or send for fall information.
THE F. H SMITH COMPANY
POUNDED t*rs
MS IS* St Hafc Ml